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Asia Buys Near-Record Volumes Of US Crude, Replaces MidEast Oil

Asian refiners have booked near-record volumes of U.S. crude to be shipped in August, replacing Middle Eastern oil, as competitive prices and ample supplies...

Black Sea conflict boosts wheat prices in Southeast Asia, Australia

Black Sea wheat offers into Southeast Asia rose $10/mt overnight, with Romanian and Bulgarian feed wheat offers to Vietnam for August to September shipment...

Shipowners urged to up digitalization game for GHG cuts by 2030

Shipowners can achieve decarbonization at scale within this decade with speed optimization and energy-saving equipment, according to maritime professionals — but the industry might...

Chevron prefers buying US LNG to building export projects

Chevron sees its commitments to buy US LNG volumes under a series of long-term deals with US exporters as helping to lay the foundation...

Seaspan: Agreement for methanol main engine retrofit solutions with MAN & Hapag Lloyd

Seaspan, a global leader in containership ownership and management, in collaboration with Hapag-Lloyd, one of the leading global liner shipping companies, has entered into...

Seanergy Announces Repurchases of $1.6 Million of Common Shares & Agreement to Acquire Newcastlemax Vessel

Seanergy Maritime Holdings Corp. announced that it has repurchased 362,161 common shares, or approximately 2% of its issued and outstanding shares, at an average...

Iran’s Revolutionary Guards seize commercial ship in Gulf

Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling,...

Samsung Heavy Industries Completes 1,500km Autonomous Voyage

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to Taiwan, marking an industry...

Iron ore flat as China steel curb woes offset optimism around stimulus hopes

Iron ore futures struggled for firm direction on Thursday, as worries about steel production curbs in China offset optimism about additional stimulus expectations to...

Stolt-Nielsen posts second-quarter net profit of $113.3 million

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2023. The Company reported a second-quarter net profit of $113.3 million before an...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...